A US federal court’s ruling late Wednesday against President Donald Trump’s authority to levy some of his most sweeping tariffs may have also dealt a serious blow to the president’s entire economic agenda.

No matter the outcome of a major legal case on President Donald Trump’s tariffs, his import taxes are likely here to stay — in one form or another.

This is but a manifestation of popular revolt against the current White House regime's method of administration. It is criminal and it is ultraa vires the President. A thuimbs-up for the American Courts.

European and US officials are wrestling over a trade deal. President Trump says if there's no agreement by July 9, he'll impose a crushing 50% tariff or import tax on goods coming in from Europe.

“Tariff policy comes at a substantial cost in terms of increased prices and reduced output that are scheduled to show up in the months ahead and potentially to last for years,” the firm warned. The roots of the persistent trade deficit are said to lie in broader macroeconomic imbalances.

President Donald Trump is set to impose fresh tariffs on both Apple and the European Union, saying that the iPhone manufacturer and the trading bloc have not heeded to his previous demands.

WASHINGTON (AP) — A federal trade court on Wednesday blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law.

Economists at Crisil, an S&P Global company, have projected the current account deficit at 1% of GDP in FY25 and 1.3% in FY26

President Donald Trump on Friday threatened to add a tariff of 50% on goods from the European Union, citing a lack of progress in current trade negotiations.

The U.S.'s trade deficit for goods shrank substantially in April, as new tariffs weighed on imports. Goods imports fell by 20% to $276.1 billion, while exports rose 3.4% to $188.5 billion, the Commerce Department said.